Investment Property in Saskatoon

Investment Real Estate in Saskatoon

Investment Property in Saskatoon
Investment Property in Saskatoon

Saskatoon property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Saskatoon .

Get Our Latest List of Investment Property in Saskatoon

Search Map of Saskatoon Investment Real Estate

Saskatoon () is the largest city in the Canadian province of Saskatchewan. It straddles a bend in the South Saskatchewan River in the central region of the province. It is located along the Trans-Canada Yellowhead Highway, and has served as the cultural and economic hub of central Saskatchewan since its founding in 1882 as a Temperance colony.

With a 2016 census population of 246,376, Saskatoon is the largest city in the province, and the 17th largest Census Metropolitan Area in Canada, with a 2016 census population of 295,095. The City of Saskatoon has estimated its population to be 278,500 as of July 2018, while Statistics Canada has estimated the CMA’s population to be 336,614 as of 2020.

Saskatoon is home to the University of Saskatchewan, the Meewasin Valley Authority (which protects the South Saskatchewan River and provides for the city’s popular riverbank park spaces), and Wanuskewin Heritage Park (a National Historic Site of Canada and UNESCO World Heritage applicant representing 6,000 years of First Nations history). The Rural Municipality of Corman Park No. 344, the most populous rural municipality in Saskatchewan, surrounds the city and contains many of the developments associated with it, including Wanuskewin.
Saskatoon is named after the saskatoon berry which is native to the region, and is itself derived from the Cree misâskwatômina. The city has a significant Indigenous population and several urban Reserves. The city has nine river crossings and is nicknamed “Paris of the Prairies” and “Bridge City”.

Historic neighbourhoods of Saskatoon include Nutana and Riversdale, which were separate towns before amalgamating with the town of Saskatoon and incorporating as a city in 1906. Nutana, Riversdale, their historic main streets of Broadway Avenue and 20th Street, as well as the downtown core and other central neighbourhoods are seeing significant reinvestment and redevelopment. Sutherland, the rail town annexed by the city in 1956 that lies beyond the University lands, is now another historic old city.

Get Our Latest List of Investment Property in Saskatoon

The financial stability of Saskatoon has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

Buy to Rent in Saskatoon

Renting out your Saskatoon buy-to-rent investment property can grow wealth and income.

Whatever your goals with investment property in Saskatoon are – preparation is key.

  • Set goals based on how much rental yield will be required and the local rental yield rates in Saskatoon and be prepared to change your initial outlook.
  • Thoroughly research the Saskatoon location with a special emphasis on fringe areas outside the main Saskatoon metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Saskatoon.
  • Ensure that your target investment property in Saskatoon appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent such as Physis Realty with local knowledge and experience of property legislation will give you the best chance of success.
  • You may think that managing your Saskatoon properties yourself is an easy option, but are these savings justifiable when you run into Saskatoon red tape? Physis Realty Saskatoon office in downtown provides you with peace-of-mind and leaves you time to plan your next move in the growing Saskatoon buy-to-rent sector.

With our expert guidance, investing in Saskatoon provides the secure knowledge that your money is working harder than it would in a local Saskatoon bank and that future generations of your family will be left with substantial capital growth assets.

We are always happy to advise on buying investment property in Saskatoon, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Saskatoon property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Saskatoon

Flipping property in Saskatoon

Flipping property is when we advise clients to buy a Saskatoon property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Saskatoon market has a time to react to the renovation.

The Flipping Strategy in Saskatoon

Investment property flipping in Saskatoon is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Saskatoon real estate investments are sometimes referred to by professionals as ‘distressed’ Saskatoon real estate.

What is distressed Saskatoon property:

  • Saskatoon property in need of renovation
  • Saskatoon real estate with a change of purpose and use
  • Oversold Saskatoon property
  • Bank repossessions in Saskatoon

Put simply, long term investors in Saskatoon purchase the property, renovate it and make it a lot more attractive to potential buyers.

Calculate profit that you make from Saskatoon investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Saskatoon property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

Experienced property developers in Saskatoon use a minimum profit value of 22% when looking at potential Saskatoon projects. The reason for this is because there are lots that can go wrong in Saskatoon property flipping and working on a potential margin of 22% should still leave a good margin of error.

Luxury Property in Saskatoon

For luxury property investors hoping to add a superb property in Saskatoon to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

Click Here for the Physis Realty Facebook Page

A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Saskatoon, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Saskatoon should be entrusted to only the highest-quality agency.

Get Our Latest List of Investment Property in Saskatoon

Compare listings

Compare